Sold: Taylors Falls MLS# 6271549
Sold
$749,900 (list price)
$715,000
Commercial: Other
Built 1967
0.54 acres
Chisago Lakes schools
MLS# 6271549
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Property Description
Locally known as The Chisago House and one of the first buildings coming into downtown Taylors falls, offering one of the best visible sites & accessibility. Just 2 blocks away from the State Park access and St Croix River trails. With new ownership and renovations could surely bring this sight back to its original community staple cafe or re-establish a new restaurant and retail space. Potential for entire redevelopment project. With the sizable 32 car parking lot, and a total of 3 PIDs totaling .54 acre site. The property currently has a retired restaurant, 4 apartment units (all 1 bed/1bath) and an end cap commercial site. Apartment 1 - $850/month. Apartment 2 - $600/month. Apartment 3 - $1, 000/month once improved in April/May. Apartment 4 - $850/month. Heat & electric paid by landlord. End cap commercial site leased for $900/month. Heat & electric paid by tenant.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$749,900
Sold Price:
$715,000
Sold Date:
07/07/2023
Property Type:
Commercial
City:
Taylors Falls
Garage Spaces:
0
County:
Chisago
Year Built:
1967
State:
MN
Property Style:
Other
Zip Code:
55084
Subdivision Name:
Taylors Falls
Exterior
Garage Spaces:
0
Other Parking Spaces:
32
Foundation Size:
5,000 ft2
Handicap Accessible:
Other
Heating System:
Other
Parking Features:
Parking Lot
Exterior Material:
- Brick/Stone
- Wood Siding
Lot & Land
Acres:
0.54
Geolocation:
45.4020175761, -92.6528990127
Inclusions:
Building
Lot Dimensions:
1
Zoning:
Business/Commercial
Schools
School District:
2144
District Phone:
651-213-2096
Financial & Taxes
Tax Year:
2022
Annual Taxes:
$15,422
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$15,422
Land Lease Amount:
0
Units
Total Units:
6
Miscellaneous
Current Use:
- Commercial
- Residential
- Restaurant
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Parcel Real Estate Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.